Solid Power (SLDP) Expected to Announce Quarterly Earnings on Tuesday

Solid Power (NASDAQ:SLDP - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect Solid Power to post earnings of ($0.14) per share and revenue of $5.00 million for the quarter.

Solid Power (NASDAQ:SLDP - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.06. Solid Power had a negative return on equity of 18.08% and a negative net margin of 471.22%. The business had revenue of $6.02 million during the quarter, compared to analysts' expectations of $5.00 million.

Solid Power Trading Up 6.3 %

NASDAQ:SLDP traded up $0.08 on Friday, hitting $1.35. 1,078,255 shares of the company's stock traded hands, compared to its average volume of 2,578,953. The firm has a 50-day moving average price of $1.09 and a 200-day moving average price of $1.27. Solid Power has a 1 year low of $0.68 and a 1 year high of $2.70. The company has a market cap of $245.69 million, a PE ratio of -2.76 and a beta of 1.42.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a "buy" rating and issued a $2.00 target price on shares of Solid Power in a research note on Wednesday, January 15th.

Insiders Place Their Bets

In other news, CTO Joshua Buettner-Garrett sold 187,500 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $1.13, for a total transaction of $211,875.00. Following the transaction, the chief technology officer now owns 865,304 shares in the company, valued at approximately $977,793.52. The trade was a 17.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.90% of the company's stock.

About Solid Power

Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.